In 2023, Warner Music Group reported revenues of 6.03 billion U.S. dollars. The record company has seen its revenues grow consistently for the last few years after a small decline in 2015, and despite the 2020 figure marking a slight decrease, 2023 had the highest revenue recorded to date. An overview of how the company performs throughout the course of each fiscal year can be obtained via consulting WMG's quarterly revenue figures.
Revenue of the Warner Music Group in fiscal years 2004 to 2023
(in million U.S. dollars)
* Figure for 2004 is unaudited. ** Fiscal year 2011 ran from October 1, 2010 to July 19, 2011. The period from July 20, 2011 to September 30, 2011 is reported separately in the Annual Report and is connected with the purchase of Warner Music Group by Access Industries. This period is not included in this statistic. Figures for 2004 to 2019 come from previous annual reports.
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Warner Music Group. (September 30, 2023). Revenue of the Warner Music Group in fiscal years 2004 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/264541/revenue-of-the-warner-music-group/
Warner Music Group. "Revenue of the Warner Music Group in fiscal years 2004 to 2023 (in million U.S. dollars)." Chart. September 30, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/264541/revenue-of-the-warner-music-group/
Warner Music Group. (2023). Revenue of the Warner Music Group in fiscal years 2004 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/264541/revenue-of-the-warner-music-group/
Warner Music Group. "Revenue of The Warner Music Group in Fiscal Years 2004 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 30 Sep 2023, https://www.statista.com/statistics/264541/revenue-of-the-warner-music-group/
Warner Music Group, Revenue of the Warner Music Group in fiscal years 2004 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/264541/revenue-of-the-warner-music-group/ (last visited November 22, 2024)
Revenue of the Warner Music Group in fiscal years 2004 to 2023 (in million U.S. dollars) [Graph], Warner Music Group, September 30, 2023. [Online]. Available: https://www.statista.com/statistics/264541/revenue-of-the-warner-music-group/